Dear The Treasury,

Treasury's Te Tai Waiora 2022 identified rapidly increasing youth psychological distress, worst-in-OECD teen suicide rates, declining youth educational achievement, and housing unaffordability as major threats to future wellbeing. Treasury's fiscal projections simultaneously assume sustained workforce growth and tax revenue expansion from the same cohort experiencing these outcomes. What analysis has Treasury conducted to quantify:
(a) the fiscal impact of youth mortality, declining mental health, and reduced workforce participation on projected revenue;
(b) the contribution of Treasury's own fiscal policy settings — including benefit adequacy, housing policy, and the allocation of $3B in new defence spending (which Treasury itself estimated would halve child poverty if redirected) — to the deterioration in youth outcomes that Treasury's own wellbeing reporting identifies; and
(c) whether Treasury's revenue projections remain valid given the compound effect of worsening youth outcomes on the future tax base?"

Yours faithfully,

Hayden